95. Memorandum From Secretary of the Treasury Fowler to President Johnson1
In response to your request at the National Security Council meeting yesterday, I am attaching my views of what the United States should be saying to the Japanese in forthcoming meetings, beginning with the September 13–15 Joint Cabinet Meetings.
It is important that we pursue these balance of payments objectives with Japan independently and separately, regardless of what may evolve in negotiations over the Ryukyu Islands.
The time has passed for general discussion with Japan of balance of payments cooperation, and we should make the specific points set forth in the attached paper.
- Source: Johnson Library, Confidential File, CO 141. Secret.↩